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locals only | in the news<br />
workshop continues while the Gift Shoppe<br />
is open, shoppers will want to make several<br />
trips to see what’s new. Check out the Holly<br />
House facebook page: https://www.facebook.com/CleverCrafter/.<br />
Menin<br />
Development<br />
Donates $87,000<br />
to Delray Beach<br />
Community<br />
Land Trust<br />
Menin Development is pleased to announce<br />
its support of the Delray<br />
Beach Community Land Trust (DBCLT)<br />
with a donation of $87,000 for the construction<br />
of a single-family home for a firsttime<br />
homebuyer who qualified for workforce<br />
housing through the DBCLT’s housing<br />
assistance program.<br />
Launched in 2005, the DBCLT is a 501(c)<br />
3 nonprofit organization governed by a<br />
collaboration of local residents, representatives<br />
of the Delray Beach CRA and the<br />
City of Delray Beach, and other individual<br />
stakeholders who support the organization’s<br />
mission, which is “To create healthy<br />
communities through the provision and<br />
preservation of affordable housing for low<br />
to moderate income households.”<br />
Delray Beach<br />
Ranked As A Top<br />
City For Small<br />
Business<br />
Delray listed #5 of 50 small<br />
cities nationwide<br />
new report from Verizon Business lists<br />
A Delray Beach as the 5th best city for<br />
small businesses in the U.S. The <strong>2018</strong> “Best<br />
Small Cities to Start a Small Business” report<br />
is based on the evaluation of 300 cities<br />
nationwide, with populations between<br />
50,000 and 75,000.<br />
The report was compiled based on the<br />
analysis of six factors, including the education<br />
level of the local workforce, in-city<br />
commute times, per capita income, broadband<br />
access, availability of SBA loans, and<br />
overall tax friendliness. Eight Florida cities<br />
made the list, with Delray Beach claiming<br />
the second highest rank among them.<br />
“In the last several years, we’ve worked<br />
very deliberately to build an ecosystem of<br />
support to help small business start up,<br />
grow and thrive in our community,” said<br />
Economic Development Director Joan K.<br />
Goodrich. “It’s encouraging to know that<br />
our collaborative efforts with our community<br />
partners have helped make Delray<br />
Beach one of Florida’s leading communities<br />
for entrepreneurs and small businesses.”<br />
According to the Verizon Business report,<br />
smaller cities can be an attractive option<br />
for small business owners looking for<br />
an industrious region to grow, while avoiding<br />
the chaos and competition of large cities.<br />
Unlike many of its larger counterparts,<br />
Delray Beach has strategically focused on<br />
small business growth as part of its overall<br />
economic development strategy, as more<br />
than 93% of its companies are small businesses<br />
employing 30 or fewer people.<br />
The Delray Beach Community Redevelopment<br />
Agency also offers several funding<br />
assistance programs that have helped<br />
many small businesses get established,<br />
create jobs and renovate buildings. For<br />
more than 20 years, the CRA has produced<br />
continued page 12<br />
10 | october <strong>2018</strong> | www.<strong>Atlantic</strong><strong>Ave</strong><strong>Magazine</strong>.com
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